Turnkey Office Suite with
For Sale
$189,999
11205 Alpharetta Highway, Roswell, GA 30076
Office suite with reception, four private offices, two full bathrooms, and a storage room plus ample on-site parking.
Property Size1,067 SF
Price / SF$178.07
Days on Market370
Property Features for 11205 Alpharetta Highway
General Information
Standard status
Active
Size
1,067 SF
Property subtype
General Commercial
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$1,749
Amenities
Central Air
3
Other, Carpet
Parking.
21 Parking Spaces. Lot.
1089.0
Business Park.
Building Details
Year Built
1983
Listing Agency:
NorthGroup Real Estate Inc
(770) 330-7233
Listed By:
Yana Dorobantu
(770) 330-7233
Source:
Xome
Added: Aug 20, 2025
Changed: Aug 12
Last Checked: Aug 23 at 2:40AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NorthGroup Real Estate Inc
Investment Insights
Based on property information with market context.
Turnkey office suite in a retail/office strip setting, designed for professional use with a welcoming reception area, four private offices, two full bathrooms, and a separate storage room. The layout is configured to support client-facing work and team collaboration, with ready-to-operate condition for immediate occupancy.
Located on Alpharetta Highway with excellent street frontage and signage opportunities. Ample parking is available right out front for both customers and staff.
HOA is $225 per month and includes water, landscaping, common area maintenance, roof maintenance, and trash service, supporting a maintained exterior and shared-property operations.
Located on Alpharetta Highway with excellent street frontage and signage opportunities. Ample parking is available right out front for both customers and staff.
HOA is $225 per month and includes water, landscaping, common area maintenance, roof maintenance, and trash service, supporting a maintained exterior and shared-property operations.
Key Highlights
- Office suite with a reception area, 4 private offices, 2 full bathrooms, and a storage room
- Central air cooling and heating system (3)
- 21 parking spaces on‑site with business park lot features
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$14,288
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.52%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$285,760
$285.8K
Cap Rate 7%
$204,114
$204.1K
Cap Rate 9%
$158,756
$158.8K
Market Conditions
NOI Build-Up for 1,067 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$25.5K $23.87/SF
− Vacancy
−$6.4K −$6.02/SF
EGI
$19.1K $17.85/SF
− OpEx
−$4.8K −$4.46/SF
NOI
$14.3K $13.39/SF
Area
Fulton County, GA
Vacancy
25.20%
Lease Rate
$23.87 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$285,760
Cap Rate 7%
$204,114
Cap Rate 9%
$158,756
Alternative Uses
Best Use
Office B
$204.1K
$178.6K – $238.1K
NOI $14,288 @ 7.0% cap · market cap 7.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$298.3K
$261.0K – $348.0K
NOI $20,879 @ 7.0% cap · market cap 10.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,459
Businesses Nearby
Explore this area
Business Placement
Demographics for 30076, GA
43,786
Population
18,169
Households
2.4
Avg Household Size
38
Median Age
59%
College-Educated
92%
High-School Grad
16.0 sq mi
ZIP Area
2,737
Density / Sq Mi
$113,166
Median Household Income
$52,413
Median Earnings
$1,673
Median Rent
$461,300
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Office suite with reception, four private offices, two full bathrooms, and a storage room plus ample on-site parking.
Where is this office units located?
The property is located at 11205 Alpharetta Highway Roswell, GA.
What is the asking price?
The asking price for this property is $189,999.
What are key features of this property?
This property features: Office suite with a reception area, 4 private offices, 2 full bathrooms, and a storage room; Central air cooling and heating system (3); 21 parking spaces on‑site with business park lot features
